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Regulators say older merger rules apply to KCS

(Source: Freight Waves, April 23, 2021) CHATTANOOGA, Tenn. — A proposed merger between Kansas City Southern and Canadian Pacific can proceed under older rules governing Class I mergers, the Surface Transportation Board (STB) determined Friday. Full story: Freight...

STB gives CP early win as KCS review continues

(Source: Reuters, April 24, 2021) NEW YORK — Canadian Pacific Railway Ltd on Saturday welcomed the U.S. Surface Transpor-tation Board’s (STB) decision to uphold a 2001 waiver it granted to Kansas City Southern being applicable to the merger of the two companies. Full...

STB OKs KCS waiver for CPKC

(Source: Railway Age, April 24, 2021) NEW YORK — The Surface Transportation Board (STB) has confirmed that it will review the proposed merger of Canadian Pacific (CP) and Kansas City Southern (KCS) under the waiver pro-vision it granted KCS in 2001; Robert Primus, one...

STB forms passenger rail working group

(Source: Railway Age, April 16, 2021) NEW YORK — The Surface Transportation Board (STB) has established an in-house Passenger Rail Working Group to ensure it can meet its PRIIA obligation to assess Amtrak on-time performance data, which the Federal Railroad...

STB receives mixed comments on proposed CP/KCS merger

(Source: DTN The Progressive Farmer, April 12, 2021) BURNSVILLE, Minn. — On March 23, 2021, the Surface Transportation Board (STB/Board) said in a press release that they received a “notice of intent” on March 22 regarding a proposed transaction that would...

Shippers embrace STB’s demurrage billing rule

(Source: Freight Waves, April 9, 2021) CHATTANOOGA, Tenn. — Shippers groups are praising the Surface Transportation Board’s (STB) effort to address issues with demurrage billing, saying the final rule brings transparency and accountability into the billing process....